South African President Proposes Strong BRICS Industry to Expand Global South Autonomy
Ramaphosa urged BRICS to invest in industry, technology, energy, infrastructure and logistics to strengthen the economic autonomy of the Global South.
Ramaphosa urged BRICS to invest in industry, technology, energy, infrastructure and logistics to strengthen the economic autonomy of the Global South.
Consensus among countries with distinct geopolitical interests shows the strength of Brasília and New Delhi diplomatic traditions and confirms BRICS’ capacity to build agreement despite internal divergences.
The meeting takes place as the mechanism marks its 20th anniversary, expands its international presence and attracts new countries from the Global South.
The deadlock centered on the Iran-UAE dispute over the Gulf conflict, resolved with a text that does not directly name any country involved.
A BRICS joint declaration is set to be released after India-led negotiations resolved geopolitical impasses among member states.
BRICS leaders gathered in India for a two-day summit focused on technology, global governance, climate finance, and sustainable development, while facing the challenge of issuing a joint declaration amid tensions between Iran and the United Arab Emirates.
Speaking at the BRICS summit in New Delhi, Brazil’s foreign minister said the bloc is entering a consolidation phase and rejected claims that BRICS is anti-Western or seeking to replace the dollar.
NDB President Dilma Rousseff said Russia’s participation in the New Development Bank is important for strengthening the Global South and BRICS.
The declaration reflects the essence of decisions and positions on major global and regional issues.